What is the definition of public sector accounting?

Public sector accounting is an accounting method used in central and local governments and other nonprofit pursuant public sector entities. The International Public Sector Accounting Standards Board, known also by the acronym of IPSASB, develops the standards in accounting for entities in the public sector worldwide. read more

My Accounting Course 2017-10-09T07:43:45+00:00 Definition: Definition: The public sector of an economy is the sector that provides a range of governmental services, including infrastructure, public transportation, public education, health care, police and military services. read more